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Bharat Forge’s arm incorporates wholly-owned subsidiary

26 Jul 2022 Evaluate

Bharat Forge’s wholly-owned subsidiary -- Kalyani Powertrain (KPL) has incorporated a wholly-owned subsidiary in the name of ‘Electroforge’ (EFL ) on July 25, 2022. EFL will engage in activities related to e-mobility including design, development, manufacture, sales and distribution of electric drive units, electric motors, electric vehicles and certain forged components in the e-mobility sector and cater to the emobility vertical under KPL.

Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

Peers
Company Name CMP
Bharat Forge 1874.00
Ramkrishna Forgings 687.95
MM Forgings 597.00
Happy Forgings 2078.50
Balu Forge Inds. 498.45
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